Terra

Terra PriceLUNA

$0.051197
$0.000238+0.47%

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Terra Price Today

Current LUNA/USD real-time price is $0.051197, with a 24-hour change rate of +0.47% and a 7-day change rate of -4.22%. LUNA currently ranks #501 globally by market cap, with a total market cap of $36.256609M, a fully diluted valuation (FDV) of $60.601291M, and a 24-hour trading volume of $2.491768M. In terms of supply, LUNA has a maximum supply of ∞, a current circulating supply of 709.98M, with 59.83% already in circulation and 40.17% remaining to be unlocked.

About Terra

What is Terra?

Terra is a blockchain protocol designed to support a suite of algorithmic stablecoins, with its native token, LUNA, playing a critical role in maintaining their price stability. Terra is a blockchain platform built using Cosmos SDK, primarily known for its ecosystem of algorithmic stablecoins like the former UST. The LUNA token is central to Terra's stability mechanism, acting as collateral to absorb volatility from its stablecoins. Following the collapse of its flagship UST stablecoin in May 2022, the original Terra chain was rebranded to Terra Classic (LUNC), and a new chain, Terra 2.0, was launched with the LUNA token. The new Terra blockchain focuses on fostering a developer ecosystem for decentralized applications (dApps) beyond stablecoins. LUNA can be traded as a spot or perpetual contract asset on major exchanges.

Key Specifications & Tokenomics

Terra is a blockchain network that originally pioneered algorithmic stablecoins, with its current iteration, Terra 2.0, aiming to rebuild a vibrant ecosystem of decentralized applications.

ItemDetails
Name (Ticker)Terra (LUNA)
Alternative NamesTerra 2.0
Consensus MechanismTendermint BFT (Delegated Proof-of-Stake)
Smart ContractsNative support via CosmWasm
CategoryLayer 1, Smart Contract Platform
Hash AlgorithmSHA-256
Block RewardVariable, based on staking rewards and network fees
Max SupplyUncapped (inflationary model)
TPSHigh throughput, capable of thousands of transactions per second
Scaling SolutionBuilt with the Cosmos SDK, enabling interoperability via the Inter-Blockchain Communication (IBC) protocol
BlockchainTerra (A distinct chain from the original Terra Classic/LUNC)

Who created Terra (LUNA)?

Terra was founded by Terraform Labs, a company co-founded by Do Kwon and Daniel Shin. Do Kwon, a South Korean entrepreneur, was the public face and core developer of the project. The vision was to create a decentralized financial infrastructure powered by price-stable digital currencies that could be used for everyday payments and complex DeFi applications. Following the events of May 2022, the development and governance of the new Terra blockchain transitioned to a decentralized community of validators and developers operating under the Terra ecosystem.

How does Terra (LUNA) work?

The Terra blockchain operates as a Proof-of-Stake (PoS) network built with the Cosmos SDK. Validators stake LUNA tokens to participate in block production and transaction validation through the Tendermint consensus engine. This ensures network security and finality.

  • Interoperability: A key feature is its use of the Inter-Blockchain Communication (IBC) protocol, allowing Terra to seamlessly connect and transfer assets with other Cosmos-based blockchains.
  • Smart Contracts: Developers can build decentralized applications (dApps) using CosmWasm, a secure and modular smart contract platform written in Rust that is compatible with the Cosmos ecosystem.
  • Governance: LUNA holders can participate in on-chain governance by voting on proposals that shape the network's future, such as parameter changes or funding allocations from the community pool.

What makes Terra (LUNA) unique and valuable?

Terra's uniqueness stems from its history and its rebuilt foundation. While its original algorithmic stablecoin mechanism defined its early value proposition, the new Terra chain distinguishes itself through:

  • Cosmos Ecosystem Integration: As a native Cosmos SDK chain, Terra benefits from inherent interoperability, allowing it to tap into a vast and growing network of interconnected blockchains.
  • Developer Focus: The post-collapse rebuild shifted focus to empowering developers with robust tools (CosmWasm) and a clean slate to build diverse dApps beyond the stablecoin narrative.
  • Community-Driven Revival: The launch of Terra 2.0 was a community-approved initiative, making LUNA the token of a phoenix project with a dedicated, albeit cautious, community and developer base aiming to prove its resilience.

What is Terra (LUNA) used for?

On the Terra 2.0 blockchain, the LUNA token has several primary utilities:

  • Network Security: LUNA is staked by validators and delegators to secure the Proof-of-Stake network. Participants earn staking rewards for this service.
  • Governance: Holding LUNA grants voting rights in the decentralized governance process to decide on the protocol's future development and treasury management.
  • Transaction Fees: LUNA is used to pay for transaction fees (gas) on the network, including those for executing smart contracts and transferring assets.
  • Ecosystem Fuel: As the native asset, LUNA is expected to be the base currency for various applications being built on the new Terra chain, such as DeFi protocols, NFT marketplaces, and gaming platforms.

How Is the Terra (LUNA) ecosystem developing?

The Terra ecosystem is in a phase of cautious rebuilding and diversification after the 2022 collapse.

  • DeFi Revival: New decentralized finance protocols are emerging on Terra 2.0, offering services like lending, borrowing, and liquidity provision, though on a much smaller scale than before.
  • NFT and Gaming: Projects are exploring NFTs and blockchain gaming to attract users and developers, leveraging the low-cost and fast transaction capabilities of the chain.
  • Tooling and Infrastructure: Development efforts are focused on improving developer experience, wallet support, and bridging solutions to enhance connectivity with other ecosystems like Ethereum and Cosmos.
  • The focus has decisively moved away from algorithmic stablecoins, with the community exploring new, sustainable use cases for the blockchain's technology.

How to mine Terra (LUNA)?

LUNA is not mined in the traditional Proof-of-Work sense. It is acquired through the Proof-of-Stake consensus mechanism. Here's how to participate:

  1. Acquire LUNA: Purchase LUNA from a cryptocurrency exchange.
  2. Choose a Wallet: Transfer your LUNA to a non-custodial wallet that supports Terra staking, such as Station Wallet or Keplr.
  3. Delegate to a Validator: Within the wallet, select a validator node to delegate your staked LUNA. Validators are responsible for processing transactions and maintaining the network.
  4. Earn Rewards: In return for delegating and helping secure the network, you earn staking rewards paid in LUNA. Rewards are distributed from network fees and inflationary emissions.

How to keep your LUNA Coin safe?

Securing your LUNA involves standard cryptocurrency safety practices:

  • Use a Hardware Wallet: For significant holdings, store your LUNA in a hardware wallet (like Ledger or Trezor) that supports the Terra network. This keeps your private keys offline.
  • Secure Software Wallets: If using a software wallet (e.g., Station, Keplr), ensure you download it from the official source, use a strong, unique password, and never share your seed phrase (recovery words) with anyone.
  • Beware of Scams: Be vigilant against phishing websites, fake wallet apps, and unsolicited messages asking for your private keys or seed phrase. Always double-check URLs and official communication channels.
  • Staking Considerations: When staking, research validators carefully. Choose reputable ones with a good track record and a reasonable commission rate. Remember that staked assets are subject to an unbonding period if you wish to withdraw them.

How to buy LUNA Coin?

LUNA is a cryptocurrency listed on many exchanges. However, it is recommended to trade on a major platform for higher liquidity and better customer support.

  1. Register an Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.
  2. Deposit Funds: Deposit fiat currency (via bank transfer, card, or third-party payment) or transfer USDT from an external wallet into your account.
  3. Start Trading: Go to the trading page and search for the spot trading pair LUNA/USDT or the perpetual contract LUNAUSDT.
  4. Place an Order: Enter the amount of LUNA you wish to purchase and submit the order. For contract trading, you can also choose to go short (sell) and adjust the leverage multiplier according to your strategy and risk tolerance.
  5. Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.

How to Buy and Use Terra

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsTerra is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

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Terra FAQs

How does LUNA staking work under Terra's proof-of-stake consensus and how do inflation and issuance affect its supply and price?

Terra (LUNA) is the native staking and governance token of the Terra blockchain, which uses a proof-of-stake consensus design. Holders stake LUNA with validators who record and verify transactions, and stakers earn rewards while helping secure the network.

Because LUNA has an infinite max supply, issuance is ongoing rather than capped. New tokens are minted as staking rewards, so the inflation rate gradually dilutes non-stakers. Staking lock-ups reduce the tradable float, which can tighten supply when demand rises.

For long-term price, the key is the balance between issuance and demand: if staking participation, governance activity and ecosystem usage grow faster than new supply, LUNA can absorb inflation. If not, dilution tends to weigh on price.

How do Terra network upgrades like v2.18 and ecosystem DApps impact LUNA's value and gas fee demand?

Terra network upgrades such as the Terra Chain v2.18 rollout improve performance, stability and developer experience, which supports the DApp ecosystem built on the chain. A healthier ecosystem typically means more on-chain activity, and more activity means more demand for Terra (LUNA) for gas, staking and governance.

DApps across DeFi, lending and derivatives drive transaction volume and total value locked (TVL). When TVL and user activity rise, LUNA utility demand tends to rise with it, since fees and staking are paid in LUNA.

Unlike Ethereum's EIP-1559 burn model, Terra does not rely on a base-fee burn as its core value driver. Instead, LUNA's value is tied to network usage, staking demand and ecosystem growth. Upgrades that attract builders and users are therefore a positive long-term signal for LUNA.

Will a spot LUNA ETF or rising institutional adoption bring more money into Terra and affect LUNA's price?

A spot ETF is a fund that holds the underlying asset directly and tracks its price, letting traditional brokerage and retirement accounts gain exposure without managing wallets or private keys. For Terra (LUNA), a spot ETF would open the door to institutional and retail capital that currently avoids direct crypto custody.

Sustained institutional inflows would raise LUNA's liquidity, deepen order books and add legitimacy as an investable asset. A larger, steadier buyer base can lift the price floor and reduce volatility over time, since institutions tend to hold longer than short-term speculators.

That said, ETF approval is not guaranteed and depends on regulatory clarity. Investors should treat institutional adoption as a structural tailwind rather than a short-term price guarantee, and manage LUNA exposure with appropriate risk controls.

What are the key differences between Terra (LUNA) and Terra Classic (LUNC) for crypto traders?

Terra (LUNA) and Terra Classic (LUNC) are two separate blockchains that emerged from the May 2022 collapse of the original Terra network and its algorithmic stablecoin. The table below summarizes the main differences traders should know.

DimensionTerra (LUNA)Terra Classic (LUNC)
Core PositioningNew chain created by governance vote, no UST stablecoinOriginal chain, home of the failed algorithmic stablecoin
Supply Model1B genesis supply, infinite max supplyMassively expanded supply after the collapse
ConsensusProof-of-stakeCosmos SDK-based proof-of-stake
Main Use CasesStaking, governance, DApp ecosystemLegacy chain, community revival efforts

Traders should track each token's own liquidity, volatility and news flow, since LUNA and LUNC now move on separate fundamentals.

How do I set stop-loss and take-profit levels when trading LUNA futures contracts?

On BTCC, you can attach stop-loss (SL) and take-profit (TP) orders directly to your LUNA/USDT perpetual contract position. The goal is to cap downside and lock in gains automatically.

  • Long position: place the SL below a key support level, the recent swing low, or a moving average; place the TP near the next resistance zone.
  • Short position: place the SL above a key resistance level; place the TP near the next support zone.
  • Trailing stop: use it to lock in profits as price moves in your favor, and move the SL to break-even once the trade is in profit.

Always size positions so a single stop-out does not damage your account, and avoid placing stops too close to obvious levels where normal volatility could trigger them.

What is LUNA's current price, market cap, and 24-hour trading volume?

The current price of Terra (LUNA) is $0.051197, with a market cap of $36.256609M and 24h trading volume of $2.491768M. The circulating supply is 709.98M (max supply ∞).

Because crypto markets move 24/7, these figures update in real time. For the most accurate live data, open the LUNA/USDT perpetual contract page on BTCC, where you can view the live order book, funding rate, open interest and recent trades before placing an order.

What are the main drivers behind LUNA's price movements in the crypto market?

Terra (LUNA) price movements are driven by three layers of factors:

  • Supply side: staking lock-ups reduce tradable float, burn or issuance changes affect inflation, and exchange reserves show whether coins are moving to or off trading platforms.
  • Ecosystem: total value locked (TVL), Layer 2 activity, and DApp or NFT usage all reflect real demand for LUNA as gas and staking collateral.
  • Macro: Federal Reserve rate decisions, global liquidity conditions, ETF net flows and regulatory news can shift overall risk appetite and flow into or out of LUNA.

Watching these layers together gives a clearer picture than any single indicator, since LUNA often reacts to both Terra-specific news and broader market sentiment.

What are LUNA's all-time high and all-time low prices and when did they occur?

The all-time high of Terra (LUNA) is $19.543334, reached on 2022-05-28 09:25; the all-time low is $0.03929, recorded on 2026-07-29 21:10.

These extremes frame the full volatility range of LUNA and are useful reference points for risk management. To inspect the complete price history, open the full-cycle chart on BTCC and switch between timeframes to see how LUNA behaved around its ATH and ATL.

How do I read LUNA's candlestick chart to trade LUNA futures more effectively?

Reading a Terra (LUNA) candlestick chart starts with the basics:

  • Candlestick anatomy: each candle shows open, high, low and close. The body is the range between open and close; the wicks show the extremes reached during the period.
  • Support and resistance: horizontal zones where price has repeatedly reversed or stalled; these are natural areas for entries, stops and targets.
  • Moving averages: MA and EMA smooth price to reveal trend direction and dynamic support or resistance.
  • RSI: above 70 suggests overbought conditions, below 30 suggests oversold.
  • Volume: a breakout is more reliable when confirmed by rising volume.

Combine these signals rather than relying on one, and always align chart analysis with a clear stop-loss plan on BTCC.

How can I profit from a LUNA price drop by short-selling or using short positions?

You can profit from a Terra (LUNA) price drop without holding spot by using BTCC LUNA/USDT perpetual contracts. To open a short, you sell at a high price and later close the position by buying back at a lower price, locking in the price difference as profit.

This gives traders a two-way opportunity: you can go long when you expect a rally and short when you expect a decline or a pullback. In bear markets or corrective phases, short positions let you stay active instead of waiting on the sidelines.

Remember that shorting with leverage magnifies both gains and losses, so always set a stop-loss above your entry and manage position size carefully.

Can I trade LUNA perpetual contracts with high leverage and what are the risks?

Yes. BTCC offers flexible leverage on LUNA/USDT perpetual contracts, up to 50x, subject to the platform's risk rules and margin requirements.

Leverage magnifies both gains and losses: a small adverse move can trigger liquidation and wipe out your margin. Higher leverage also means a tighter liquidation price, leaving less room for normal market volatility.

Beginners should start with 2x to 10x leverage and always use a strict stop-loss. As you gain experience and a consistent strategy, you can adjust leverage gradually, but never risk more than you can afford to lose.

How can I practice trading LUNA with a free demo account before using real funds?

After registering on BTCC, you can switch to "Demo Trading" mode and receive virtual funds, such as 100,000 USDT, to practice in a risk-free environment.

The demo account uses real Terra (LUNA) market data, so you can rehearse leverage adjustment, order placement, and take-profit and stop-loss settings under live market conditions without risking real capital.

Use the demo to test strategies, learn how funding rates and liquidation prices work, and build confidence before switching to a live account. When you are ready, you can move to real LUNA/USDT perpetual trading with the same interface.

How do I buy LUNA and start trading it step by step on an exchange?

Here is a simple four-step guide to start trading Terra (LUNA) on BTCC:

  1. Register on BTCC and complete KYC verification.
  2. Deposit USDT via card or an external wallet.
  3. Go to the LUNA/USDT perpetual contract page.
  4. Set your margin mode and leverage, choose Long or Short, set stop-loss and take-profit, then confirm the order.

Start with a small position and low leverage while you get familiar with the platform, and always use stop-loss orders to protect your account.

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